Industrial Control Systems Industry Statistics

In this post, we will explore key statistics and trends shaping the Industrial Control Systems (ICS) industry. From the market valuation and growth projections to sector-specific insights and cybersecurity challenges, these data points offer valuable insights into the landscape of ICS. Let’s dive into the numbers that are driving the evolution of industrial control systems globally.

Statistic 1

"The global market for Industrial Control Systems (ICS) was valued at approximately $115.1 billion in 2020."

Statistic 2

"The ICS market is expected to grow at a CAGR of 9.6% from 2021 to 2028."

Statistic 3

"North America holds a significant share (around 35%) in the global market for Industrial Control Systems."

Statistic 4

"The energy & power sector is expected to account for over 25% of the ICS market revenue by 2025."

Statistic 5

"By 2027, the Supervisory Control and Data Acquisition (SCADA) segment is expected to reach $18 billion."

Statistic 6

"Oil and gas industries have the highest adoption rate (approximately 25%) of ICS."

Statistic 7

"In 2020, manufacturing sector accounted for 33.28% of the global industrial control systems market."

Statistic 8

"As of 2020, the PLC system has a 51.05% share in the ICS market."

Statistic 9

"Asia Pacific region is expected to exhibit the highest CAGR of 10.1% in the ICS market during 2021-2028."

Statistic 10

"The IT and Telecommunications sector is expected to grow at a highest CAGR of over 15% from 2020 to 2025 in ICS market."

Statistic 11

"Cybersecurity threats towards ICS have increased by 110% from the year 2016 to 2020."

Statistic 12

"Honeywell and ABB, key players in ICS, have a combined market share of 23% as of 2020."

Statistic 13

"By 2025, the Industrial Control Systems security market is expected to reach $18.05 billion."

Statistic 14

"The chemical industry segment of the ICS market is predicted to grow at a significant rate of over 12% from 2021 to 2026."

Statistic 15

"Over 40% of the Industrial Control Systems market is forecasted to be cloud-based by 2025."

Statistic 16

"The European ICS market is expected to reach $14 billion by 2025, with Germany anticipated to lead the regional growth."

Statistic 17

"An estimated 1 in 3 cyber-attacks in the energy and manufacturing sectors are targeted towards ICS."

The statistics presented indicate a robust and dynamic landscape for the Industrial Control Systems (ICS) industry, with substantial growth opportunities and evolving trends. Key highlights include the significant market size of ICS, the dominance of North America and Asia Pacific regions, the increasing importance of cybersecurity, and the shift towards cloud-based solutions. Industries such as energy & power, oil & gas, manufacturing, and IT & telecommunications are poised for considerable growth in the coming years. It is clear that ICS is a critical aspect of modern infrastructure, but the escalating cybersecurity threats underscore the pressing need for robust security measures and vigilant monitoring. As the market continues to expand and diversify, stakeholders must adapt to emerging challenges and opportunities to ensure sustainable growth and resilience in the ICS industry landscape.